Location: |
Thomas Twp, Northern Ontario near Timmins |
Target Commodity: |
REE's - Carbonatites are a special group of carbonate-rich igneous rocks and the world's primary source of rare earth elements. |
Property Size: |
Noble acquired ~2,215 ha (see NR 2023-08-17) |
Stage of Development: |
The magnetic structure has never been drilled and does not outcrop on surface |
Current Work Program: |
A proposed drill program into the magnetic low to confirm the existence of a carbonatite and test for economic mineralization. |
Potential: |
REE: Niobium, zirconium and phosphate oxide |
Net Ownership: |
100% subject to a 2% NSR with buyback right to 50% |
JV/Strategic Partner: |
N/A |
Operator: |
Noble Mineral Exploration Inc. ('NOB) |